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PAL Indonesia inks deal to build 500MW nuclear reactor for $1.2b
The thorium molten salt power plant can produce clean energy cheaper than coal.
PAL Indonesia inks deal to build 500MW nuclear reactor for $1.2b
The thorium molten salt power plant can produce clean energy cheaper than coal.
Australia-Singapore Power Link secures government support
The $19.16b project comprises a 10GW solar farm with a 20-30GWh storage facility near Tennant Creek.
India expects renewables to rise six-fold in next decade
The share of coal in the energy mix is expected to dip from 46% to 32%.
China Energy Group to add 6GW of new ultra-low emission coal capacity
The government has greenlighted the use of coal-fired power in regions with poor wind and solar resources.
Here's why Japan could lose its top LNG importer status to China
Low LNG demand is triggered by competition from coal, nuclear and renewables and Japan’s slow macroeconomic growth.
India launches fresh wave of anti-dumping duties on solar equipment
The duty is expected to raise the cost of solar projects by 2-4%.
India's Andhra Pradesh eyes lowering wind and solar purchase costs
5.2GW of projects with pre-determined tariffs could face renegotiation of costs.
India's state electricity distribution firms shelled out higher tariffs since Q4 2018
States have bought power at an average rate of $0.087 per unit.
Taipower losses extend to $955m in H1
Rising fuel prices and anti-pollution initiatives have driven up energy production costs.
Taiwan's UREC to slash workforce by up to 20% by end-2019
Its continued losses from its solar cell operations has forced the firm to streamline its operations.
Indonesia's Medco Energi to sell 49% of geothermal power plant to Ormat Geothermal Power
The plant is still in development and is expected to start by end-2022.
China's renewables investment slumped 39% to $28.8b in H1
This was driven by the country’s shift to auctions from government-based tariffs.
20GW of India's private coal projects on hold
Coal stress threatens to drive down India’s capacity additions in 2020-2021.
Asia Pacific's first floating offshore wind project to be developed in South Korea
The project will have 200MW capacity and is expected to be completed by 2024.
Power developers race to the bottom as Asia phases out tariffs
New auction schemes are pushing companies to bid prices lower and take more risk in their project economics assumptions just to win contracts.
Cybersecurity risks heighten as Asia power plants digitise
Hacking and malevolent interference are key threats to look out for.
Philippines teams up with Japan to provide electricity for Mindoro households
The parties aim to provide a small-scale power system to provide stable power supply to off-grid areas.
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